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By EquityPandit

LTIMMARKET OUTLOOKSTOCK OUTLOOK

Mindtree Outlook for the Week (May 13, 2024 – May 17, 2024)

Mindtree
Mindtree
Mindtree closed the previous week on a negative note losing 3.66%.

Technically, Mindtree share price will see immediate support at 4,535.83 and immediate resistance would be seen at 4,709.23.

If Mindtree share price closes below immediate support of 4,535.83, then sharp breakdown can be seen. Mindtree share price will see major support at 4,464.02 for the week.

5050.005050.005000.005000.004950.004950.004900.004900.004850.004850.004800.004800.004750.004750.004700.004700.004650.004650.004600.004600.004550.004550.00Mar 26Mar 26Apr 1Apr 1Apr 4Apr 4Apr 9Apr 9Apr 15Apr 15Apr 19Apr 19Apr 24Apr 24Apr 29Apr 29May 3May 3May 8May 8Reversal Level 4696.42BuySell

On the positive side, immediate resistance will be seen at 4,709.23. Closing above 4,709.23, Mindtree share price will see a sharp breakout. Major resistance for Mindtree share price will be seen at 4,810.82 for the week.

Trading range for Mindtree share price for this week should be between 4,362.43 on down side and 4,882.63 on up side.

Mindtree Previous Week High: 4739

Mindtree Previous Week Low: 4565.6

Mindtree Previous Week Range: 173.4 Points

Mindtree share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 4,882.63
Resistance 2 4,810.82
Resistance 1 4,709.23
Support 1 4,535.83
Support 2 4,464.02
Support 3 4,362.43
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